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Commercial Greenhouse Market to Hit USD 68.7 Billion by 2028 As Revealed In New Report

Last updated: September 17, 2025 2:55 am
Published: 8 months ago
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How Greenhouses Are Transforming the Future of Farming

According to a research report “Commercial Greenhouse Market by Type (Glass Greenhouse, Plastic Greenhouse), Crop Type (Fruits, Vegetables, Flowers & Ornamentals, Nursery Crops), Equipment (Hardware, Software & Services) and Region – Global Forecast to 2028” published by MarketsandMarkets, the global commercial greenhouse market is projected to grow from USD 39.6 billion in 2023 to USD 68.7 billion by 2028, at a CAGR of 11.6%.

The growth is fueled by rising demand for sustainable farming solutions, increasing need for climate-resilient agriculture, and consumer preference for fresh, locally grown produce. Commercial greenhouses allow farmers to diversify crop production and protect yields from extreme weather events such as frost, hail, and heavy rainfall, making them an essential part of modern agriculture.

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Plastic Greenhouses Lead the Way

By type, plastic greenhouses dominate the market and are expected to maintain the largest share over the forecast period. Their versatility, cost-effectiveness, and ability to support high-yield cultivation make them the preferred choice for growers worldwide. From small stand-alone units to large gutter-connected structures, plastic greenhouses offer flexibility for different crop types and scales of farming.

Additionally, ongoing R&D investments and technological innovations are enhancing efficiency and product quality, opening up new opportunities in emerging markets.

Hardware: The Backbone of Greenhouse Operations

When it comes to equipment, the hardware segment holds the largest commercial greenhouse market share. Structural frameworks, climate control systems, lighting, irrigation, and automation hardware are critical for ensuring optimal growing conditions. These technologies directly influence productivity, quality, and sustainability, making hardware investments a top priority for growers and greenhouse operators.

As global adoption rises, advanced hardware solutions that deliver energy efficiency and higher yields are becoming increasingly important.

Vegetables Take the Lead in Crop Cultivation

Among crop types, vegetables account for the largest share of the commercial greenhouse market. With year-round demand for fresh and nutritious produce, greenhouses provide an ideal environment to cultivate vegetables irrespective of seasonal variations.

The rising consumer trend towards locally sourced and sustainably grown food further strengthens greenhouse-based vegetable farming, making it a cornerstone of future food supply chains.

Europe at the Forefront

In terms of value, Europe leads the global commercial greenhouse market. The region’s adoption is driven by:

* Strong consumer demand for year-round fresh produce

* Supportive government policies and incentives for sustainable farming

* Early adoption of advanced agricultural technologies

Europe’s commitment to environmental sustainability and innovation is positioning it as a global leader in greenhouse farming.

Key Players in the Market

The commercial greenhouse industry is competitive, with leading companies focusing on product innovation, technological upgrades, and global expansion. Key players include:

* Berry Global Group, Inc (US)

* Signify Holding (Netherlands)

* Heliospectra AB (Sweden)

* PLASTIKA KRITIS S.A. (Greece)

* EVERLIGHT ELECTRONICS CO., LTD (Taiwan)

* Prospiant (US)

* RICHEL GROUP (France)

* Argus Control Systems Limited (Canada)

* Certhon (Netherlands)

* LOGIQS.B.V. (Netherlands)

* Lumigrow, Inc (Canada)

* Agra Tech, Inc (US)

* Hort Americas (US)

* Top Greenhouses (Israel)

* Stuppy Greenhouse (US)

The commercial greenhouse market is at the center of agricultural transformation. With increasing concerns around food security, sustainability, and climate resilience, greenhouses are becoming a vital solution for future-ready farming. From vegetables to flowers and beyond, they enable year-round production while optimizing resources — ushering in a new era of smart agriculture.

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Category: Industry Reports & Market Analysis Profile: About MarketsandMarkets™ MarketsandMarkets™ has been recognized as one of America’s best management consulting firms by Forbes, as per their recent report. MarketsandMarkets™ is a blue ocean alternative in growth consulting and program management, leveraging a man-machine offering to drive supernormal growth for progressive organizations in the B2B space. We have the widest lens on emerging technologies, making us proficient in co-creating supernormal growth for clients. Earlier this year, w …

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